In this Spend Matters PRO Vendor Analysis, we give an overview of Circularise, a blockchain-based traceability solution that helps companies trace products and materials to verify their origins, certificates, CO2 footprints and other material data. The solution provides digital product passports that could address the demands of consumers and regulators for proven sustainability in complex supply chains, such as those that underpin the chemical, plastic, metal, critical raw material, automotive, electronics, packaging and construction industries.
Circularise aims to enable a circular economy by permitting supply chain actors to share sensitive data on products and materials without risking privacy or confidentiality. The aim is to improve resource use, provenance verification, carbon footprint estimates and impact assessments to unlock the potential of circular economy business models that can tackle the environmental challenges ahead.
Here’s why Circularise matters:
- To the market — Circularise is especially well-suited for process manufacturers that want to understand their supply chain, the provenance of their materials and the environmental impacts of what they purchase and sell.
- To customers — Customers can track the flow of goods through their supply chain to demonstrate responsible sourcing, prove ESG performance and support environmental objectives.
- To potential buyers — Circularise’s solution works with both upstream and downstream supply chains, creating a transparent network that benefits each participating member by making the environmental impacts transparent.
This Spend Matters PRO Vendor Analysis explains what makes this vendor different from similar vendors, gives an overview of its capabilities and competitors, provides tech selection tips and closes with key analyst takeaways.